Down 45%, Here's 1 Reason to Buy Tesla's Dip and 2 Reasons to Stay Away

Tesla (NASDAQ: TSLA) stock has been underwater in recent memory -- shares of the electric vehicle (EV) giant have been down 45% since the start of 2022. This has led to very polarizing views of the stock, with the bulls insisting that now is the perfect buying opportunity and the bears alleging that the sell-off has just begun.

As many different factors continue to affect the stock market, it'll be extremely interesting to watch the next few months pan out. Will Tesla bounce back in the second half of the year, or is the Elon Musk-led business bound for darker days?

Here is one reason to pull the trigger on the EV stock and two reasons to look the other way for now.

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Source Fool.com